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UK’s Refusal to Allow U.S. Iran Strike Plans Sparks Diplomatic Fallout

                                                       British PM Keir Starmer and US President Donald A growing diplomatic rift has emerged between London and Washington after the United Kingdom declined a U.S. request to use RAF bases for potential military strikes on Iran. British officials reportedly argued that authorizing such operations could breach international law, prompting Prime Minister Keir Starmer’s government to block access to key facilities, including RAF Fairford in Gloucestershire. The decision has reportedly angered President Donald Trump, who has been weighing military options amid rising tensions with Tehran. Several outlets note that the dispute has spilled into other areas of U.S.–UK cooperation, including disagreements over the future of the joint base at Diego Garcia and Trump’s withdrawal of sup...
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Canada’s Capital-Gains Tax Hike Faces Crucial Vote

 

In a pivotal moment for Canadian finance, Prime Minister Justin Trudeau’s government is set to call a vote on a contentious tax change. The proposed hike in the capital-gains tax inclusion rate has sparked debate across the nation, with significant implications for both individuals and businesses.

  • Tax Change Proposal: The government plans to increase the capital-gains tax on gains over C$250,000, affecting a small percentage of Canadians.
  • Potential Impact: Business groups have criticized the move, fearing it could deter investment and exacerbate productivity issues.
  • Political Strategy: The Liberals have separated this tax change from the budget bill, possibly aiming to challenge the Conservatives politically.
  • Revenue Expectations: The tax hike is estimated to generate almost C$20 billion over five years, funding new programs in housing and national defense.

The vote, scheduled for Monday, will be a defining moment for Trudeau’s fiscal policy and could set the stage for Canada’s economic direction in the coming years.

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